Ontario proposes to change consumer protections and double fines for businesses
Ontario plans to give people a new way to exit timeshare agreements, make it easier to get out of a gym membership, and prohibit businesses from making false claims about prize offers, under new legislation. Financial expert Christopher Liew has questioned whether the rise in tip requests, 'tip-flation', which has seen a significant increase in businesses requesting tips, is here to stay. Liew suggests that businesses should adapt to this new tipping culture and consider adapting to the changing nature of tipping culture. Ontario has proposed changes to consumer protections and double fines for businesses.
Published : 2 years ago by The Canadian Press in Business
Is 'tip-flation' here to stay? This financial expert thinks so
In recent years, Canadians have witnessed a subtle but significant shift in the number of businesses requesting tips, as more establishments ask for gratuities. In a column for CTVNews.ca, personal finance contributor Christopher Liew looks at how to adapt to this new tipping culture, and whether the rise in tip requests is here to stay.